Developer docs
API playgroundTry for free, no card

Search company profiles

Value City Furniture

Full company profile

uuid000itgj

Namestring
Value City Furniture
Legal namestring
American Signature Inc.
Websiteurl
valuecitynj.com
Company typeenum
Private
Founded yearint
1948
Descriptiontext

Value City Furniture is a retail furniture brand that operated brick-and-mortar showrooms selling home furnishings to individual consumers across the eastern United States. Founded in 1948 as part of American Signature Inc. (ASI) and headquartered in Columbus, Ohio, the brand maintained a network of 79 showrooms across 13 eastern U.S. states, supported by four regional distribution centers in Ohio, Georgia, Indiana, and California.

The company operated a direct-to-consumer retail model, generating revenue through the sale of mid-market home furniture including living room, bedroom, and dining room pieces. Its sister brand, American Signature Furniture, operated alongside it under ASI, with a combined footprint of 120 stores across 17 states. E-commerce complemented the physical store base. No proprietary technology platform, software architecture, or AI/ML capabilities are disclosed in the source material; core technology is listed as not disclosed.

In November 2025, ASI filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware, citing lower sales from a housing market downturn, higher costs, and the impact of tariffs. The company secured $50 million in debtor-in-possession financing and pursued a buyer through an auction process. By January 2026, a joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers received court approval to conduct going-out-of-business sales at all 79 Value City Furniture stores with discounts of 25–50% off original prices. By April 2026, all stores had permanently closed, leaving approximately 10,000 customer orders unfulfilled and consumer claims exceeding $57 million for undelivered merchandise.

Short descriptiontext

Value City Furniture was a mid-market home furnishings retailer operating 79 showrooms across 13 eastern U.S. states under parent American Signature Inc. The brand ceased operations in April 2026 following Chapter 11 bankruptcy filing in November 2025.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBayonne, United States
HQ citystring
Bayonne
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
furniture retail, home furnishings, sofas and sectionals, bedroom furniture, dining room sets
Industry1 code
1Entertainment & Media Furniture Retail (TV Stands, Media Consoles, Wall Units, Speaker Stands)
CodeCRAIAAAIPrimaryYes
NAICS code2 codes
  • Furniture Retailers449110
  • Furniture Retailers44911
SIC code2 codes
  • Retail-Furniture Stores5712
  • Retail-Home Furniture, Furnishings & Equipment Stores5700
Product category
Home Furniture Retail
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Retail furniture sales
TypeHardware Sales
Description

Value City Furniture generated revenue through direct retail sales of furniture and home furnishings across a network of 79 physical showrooms in 13 eastern U.S. states, plus e-commerce channels. Sales volume was impacted by a housing market downturn, higher costs, and tariff impacts prior to the Chapter 11 filing.

fastcompany.com
2Liquidation going-out-of-business sales
TypeHardware Sales
Description

Following Chapter 11 filing and bankruptcy court approval, Value City Furniture conducted going-out-of-business sales at all 79 remaining stores, offering discounts of 25–50% off original prices, operated by a joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers.

prnewswire.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales
Pricing details1 tier
1Going-out-of-business liquidation discounts of 25–50% off original prices across all 79 Value City Furniture stores.
ModelUnit Pricing
Notes

Discounts of 25–50% off original prices during the bankruptcy liquidation period.

prnewswire.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1American Signature Furniture
Description

Sister retail furniture brand operated alongside Value City Furniture under American Signature Inc.

fastcompany.com
Core offering1 text field

Value City Furniture is a direct-to-consumer furniture retailer that sold its own branded home furnishings—including living room, bedroom, and dining room pieces such as sofas and ottomans—through a network of 79 company-owned brick-and-mortar showrooms across 13 eastern U.S. states, supported by four regional distribution centers and an online storefront. The brand was wholly owned by American Signature Inc., headquartered in Columbus, Ohio, and operated alongside its sister brand American Signature Furniture.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Operated 79 retail showrooms across 13 eastern U.S. states
+2 more records
Product overview1 text field

Value City Furniture is a single-brand furniture retail offering, operating as a sub-brand of American Signature Inc. (ASI). Its product/service is the physical retail sale of furniture (sofas, ottomans, and other home furnishings) delivered through a network of brick-and-mortar stores and distribution centers in Ohio, Georgia, Indiana, and California. The portfolio consists of two closely related retail brands — Value City Furniture and American Signature Furniture — which together comprised 120 stores across 17 states before the parent company's Chapter 11 bankruptcy filing in November 2025 and subsequent Going Out of Business liquidation of all 79 remaining Value City Furniture stores.

Product and service1 record
1Value City Furniture retail showrooms
CategoryFurniture retail / home furnishings
Description

Company-owned retail showrooms selling Value City Furniture branded home furnishings—including living room, bedroom, and dining room pieces such as sofas and ottomans—to individual consumers in 13 eastern U.S. states. The retail offering was supported by four regional distribution centers (Ohio, Georgia, Indiana, and California) and a complementary e-commerce storefront. All stores were permanently closed in April 2026 following the Chapter 11 filing and going-out-of-business liquidation.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

SB360 Capital Partners joined a joint venture approved by the bankruptcy court to conduct Going Out of Business sales at all remaining Value City Furniture and American Signature Furniture stores. The partnership oversaw liquidation operations across 79 Value City Furniture stores in 13 states, offering discounts of 25–50% off original prices.

Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Hilco Global was part of the joint venture approved by the bankruptcy court to run Going Out of Business sales at all remaining Value City Furniture and American Signature Furniture stores, providing liquidation expertise across the 89-store combined footprint.

Strategic tierCoreTypeImplementation/ SI/ Consulting Partner
Description

Gordon Brothers joined the joint venture approved by the bankruptcy court to conduct Going Out of Business sales at all remaining Value City Furniture and American Signature Furniture stores, supporting the liquidation of the combined 89-store retail base.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

American Signature Inc. (ASI) is the parent company of Value City Furniture, having been founded in 1948 and headquartered in Columbus, Ohio. ASI filed for Chapter 11 bankruptcy protection in November 2025 in the U.S. Bankruptcy Court for the District of Delaware, securing $50 million in debtor-in-possession financing and seeking a buyer through an auction process while operating 120 combined stores across 17 states.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
TypeDirect peer
Description

Sister brand under the same parent American Signature Inc., operating a directly comparable brick-and-mortar furniture retail model with overlapping product, customer base, and eastern U.S. distribution footprint.

TypeDirect peer
Description

Multi-state U.S. furniture retailer focused on affordable, packaged room solutions for individual consumers — closely overlapping business model, price tier, and showroom-led GTM.

TypeBroad incumbent
Description

Global home furnishings giant with U.S. stores in many of the same eastern markets; offers affordable furniture at much greater scale with a different store-format and self-serve model, but competes for the same consumer wallet.

TypeRegional player
Description

Northeast-U.S.-focused furniture retailer with a comparable showroom-based, mid-market value proposition; directly relevant as a regional incumbent in many of the same markets Value City Furniture served.

TypeBroad incumbent
Description

Leading U.S. online home-furnishings retailer competing for the same consumer purchases; relevant because it pressures brick-and-mortar furniture retailers' traffic and pricing power in eastern U.S. markets.

TypeDirect peer
Description

U.S. furniture manufacturer and retailer with company-owned galleries and a broad multi-state retail presence, targeting the same home-furnishings consumer with a similar big-ticket, showroom-driven model.

TypeDirect peer
Description

Value-oriented furniture retailer with a large multi-state showroom footprint and an explicit 'everyday low price' positioning that directly mirrors Value City Furniture's affordable home-furnishings pitch.

TypeDirect peer
Description

U.S. furniture retailer operating company-owned showrooms across the eastern and southern U.S., serving middle-market consumers with a comparable product mix and store-based distribution model.

TypeDirect peer
Description

Vertically integrated U.S. furniture company with a network of company-owned and independent design centers selling home furnishings to retail consumers — comparable showroom-led, mid-market-to-premium positioning.

TypeDirect peer
Description

Largest U.S. furniture retailer with an extensive brick-and-mortar showroom network selling affordable home furniture — the most directly comparable format and customer segment to Value City Furniture.

Market position
Strengths2 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Value City Furniture

Home Furniture Retailvaluecitynj.com

Value City Furniture was a mid-market home furnishings retailer operating 79 showrooms across 13 eastern U.S. states under parent American Signature Inc. The brand ceased operations in April 2026 following Chapter 11 bankruptcy filing in November 2025.

What Value City Furniture does

Value City Furniture is a retail furniture brand that operated brick-and-mortar showrooms selling home furnishings to individual consumers across the eastern United States. Founded in 1948 as part of American Signature Inc. (ASI) and headquartered in Columbus, Ohio, the brand maintained a network of 79 showrooms across 13 eastern U.S. states, supported by four regional distribution centers in Ohio, Georgia, Indiana, and California.

The company operated a direct-to-consumer retail model, generating revenue through the sale of mid-market home furniture including living room, bedroom, and dining room pieces. Its sister brand, American Signature Furniture, operated alongside it under ASI, with a combined footprint of 120 stores across 17 states. E-commerce complemented the physical store base. No proprietary technology platform, software architecture, or AI/ML capabilities are disclosed in the source material; core technology is listed as not disclosed.

In November 2025, ASI filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware, citing lower sales from a housing market downturn, higher costs, and the impact of tariffs. The company secured $50 million in debtor-in-possession financing and pursued a buyer through an auction process. By January 2026, a joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers received court approval to conduct going-out-of-business sales at all 79 Value City Furniture stores with discounts of 25–50% off original prices. By April 2026, all stores had permanently closed, leaving approximately 10,000 customer orders unfulfilled and consumer claims exceeding $57 million for undelivered merchandise.

Value City Furniture firmographics

Firmographics
Name
Value City Furniture
Legal name
American Signature Inc.
Website
https://valuecitynj.com
Company type
Private
Founded year
1948
Operating status
Closed
Headcount range
11–50 employees
Short description
Value City Furniture was a mid-market home furnishings retailer operating 79 showrooms across 13 eastern U.S. states under parent American Signature Inc. The brand ceased operations in April 2026 following Chapter 11 bankruptcy filing in November 2025.
Ownership category
akta.pro rank

Value City Furniture industry classification

Industry
Product category
Home Furniture Retail
NAICS
Furniture Retailers (449110), Furniture Retailers (44911)
SIC
Retail-Furniture Stores (5712), Retail-Home Furniture, Furnishings & Equipment Stores (5700)
akta.pro primary industry
Entertainment & Media Furniture Retail (TV Stands, Media Consoles, Wall Units, Speaker Stands) (CRAIAAAI)

Keywords

  • Furniture retail
  • Home furnishings
  • Sofas and sectionals
  • Bedroom furniture
  • Dining room sets

Where Value City Furniture is headquartered

Location

Headquarters

HQ city
Bayonne
HQ country
United States
HQ region
North America

Offices5 records

Markets served

Value City Furniture business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

  1. Retail furniture sales: Value City Furniture generated revenue through direct retail sales of furniture and home furnishings across a network of 79 physical showrooms in 13 eastern U.S. states, plus e-commerce channels. Sales volume was impacted by a housing market downturn, higher costs, and tariff impacts prior to the Chapter 11 filing.
  2. Liquidation going-out-of-business sales: Following Chapter 11 filing and bankruptcy court approval, Value City Furniture conducted going-out-of-business sales at all 79 remaining stores, offering discounts of 25–50% off original prices, operated by a joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers.

Pricing tiers

ModelBillingPrice
Unit Pricing—Going-out-of-business liquidation discounts of 25–50% off original prices across all 79 Value City Furniture stores.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Value City Furniture product offering

Product offering

Core offering

Value City Furniture is a direct-to-consumer furniture retailer that sold its own branded home furnishings—including living room, bedroom, and dining room pieces such as sofas and ottomans—through a network of 79 company-owned brick-and-mortar showrooms across 13 eastern U.S. states, supported by four regional distribution centers and an online storefront. The brand was wholly owned by American Signature Inc., headquartered in Columbus, Ohio, and operated alongside its sister brand American Signature Furniture.

Product overview

Value City Furniture is a single-brand furniture retail offering, operating as a sub-brand of American Signature Inc. (ASI). Its product/service is the physical retail sale of furniture (sofas, ottomans, and other home furnishings) delivered through a network of brick-and-mortar stores and distribution centers in Ohio, Georgia, Indiana, and California. The portfolio consists of two closely related retail brands — Value City Furniture and American Signature Furniture — which together comprised 120 stores across 17 states before the parent company's Chapter 11 bankruptcy filing in November 2025 and subsequent Going Out of Business liquidation of all 79 remaining Value City Furniture stores.

Differentiator

Problem solved

Functional benefit

Brands

  • American Signature Furniture: Sister retail furniture brand operated alongside Value City Furniture under American Signature Inc.

Products and services

  • Value City Furniture retail showrooms Company-owned retail showrooms selling Value City Furniture branded home furnishings—including living room, bedroom, and dining room pieces such as sofas and ottomans—to individual consumers in 13 eastern U.S. states. The retail offering was supported by four regional distribution centers (Ohio, Georgia, Indiana, and California) and a complementary e-commerce storefront. All stores were permanently closed in April 2026 following the Chapter 11 filing and going-out-of-business liquidation.

Quantifiable outcome

  • Operated 79 retail showrooms across 13 eastern U.S. states
  • +2 more outcomes

Companies that use Value City Furniture

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Value City Furniture technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Value City Furniture partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and flagship.

  • SB360 Capital PartnerscoreImplementation/ SI/ Consulting PartnerSB360 Capital Partners joined a joint venture approved by the bankruptcy court to conduct Going Out of Business sales at all remaining Value City Furniture and American Signature Furniture stores. The partnership oversaw liquidation operations across 79 Value City Furniture stores in 13 states, offering discounts of 25–50% off original prices.
  • Hilco GlobalcoreImplementation/ SI/ Consulting PartnerHilco Global was part of the joint venture approved by the bankruptcy court to run Going Out of Business sales at all remaining Value City Furniture and American Signature Furniture stores, providing liquidation expertise across the 89-store combined footprint.
  • Gordon BrotherscoreImplementation/ SI/ Consulting PartnerGordon Brothers joined the joint venture approved by the bankruptcy court to conduct Going Out of Business sales at all remaining Value City Furniture and American Signature Furniture stores, supporting the liquidation of the combined 89-store retail base.
  • American Signature Inc.flagshipStrategic or Co-development PartnerAmerican Signature Inc. (ASI) is the parent company of Value City Furniture, having been founded in 1948 and headquartered in Columbus, Ohio. ASI filed for Chapter 11 bankruptcy protection in November 2025 in the U.S. Bankruptcy Court for the District of Delaware, securing $50 million in debtor-in-possession financing and seeking a buyer through an auction process while operating 120 combined stores across 17 states.

Scale indicators6 records

Recent moves5 records

Value City Furniture competitors and assessment

Company assessment

Direct peers

  • American Signature Furniture: Sister brand under the same parent American Signature Inc., operating a directly comparable brick-and-mortar furniture retail model with overlapping product, customer base, and eastern U.S. distribution footprint.
  • Rooms To Go: Multi-state U.S. furniture retailer focused on affordable, packaged room solutions for individual consumers — closely overlapping business model, price tier, and showroom-led GTM.
  • La-Z-Boy: U.S. furniture manufacturer and retailer with company-owned galleries and a broad multi-state retail presence, targeting the same home-furnishings consumer with a similar big-ticket, showroom-driven model.
  • Bob's Discount Furniture: Value-oriented furniture retailer with a large multi-state showroom footprint and an explicit 'everyday low price' positioning that directly mirrors Value City Furniture's affordable home-furnishings pitch.
  • Havertys: U.S. furniture retailer operating company-owned showrooms across the eastern and southern U.S., serving middle-market consumers with a comparable product mix and store-based distribution model.
  • Ethan Allen: Vertically integrated U.S. furniture company with a network of company-owned and independent design centers selling home furnishings to retail consumers — comparable showroom-led, mid-market-to-premium positioning.
  • Ashley Furniture HomeStore: Largest U.S. furniture retailer with an extensive brick-and-mortar showroom network selling affordable home furniture — the most directly comparable format and customer segment to Value City Furniture.

Broad incumbents

  • IKEA: Global home furnishings giant with U.S. stores in many of the same eastern markets; offers affordable furniture at much greater scale with a different store-format and self-serve model, but competes for the same consumer wallet.
  • Wayfair: Leading U.S. online home-furnishings retailer competing for the same consumer purchases; relevant because it pressures brick-and-mortar furniture retailers' traffic and pricing power in eastern U.S. markets.

Regional players

  • Raymour & Flanigan: Northeast-U.S.-focused furniture retailer with a comparable showroom-based, mid-market value proposition; directly relevant as a regional incumbent in many of the same markets Value City Furniture served.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Value City Furniture social profiles

Digital presence

Value City Furniture financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Value City Furniture leadership team

Management profile

Number of profiles

Value City Furniture subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Value City Furniture funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Value City Furniture M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Value City Furniture

What does Value City Furniture do?

Value City Furniture is a direct-to-consumer furniture retailer that sold its own branded home furnishings—including living room, bedroom, and dining room pieces such as sofas and ottomans—through a network of 79 company-owned brick-and-mortar showrooms across 13 eastern U.S. states, supported by four regional distribution centers and an online storefront. The brand was wholly owned by American Signature Inc., headquartered in Columbus, Ohio, and operated alongside its sister brand American Signature Furniture.

Is Value City Furniture a public or private company?

Value City Furniture is a private company. It is classified as corporate owned and is currently closed.

When was Value City Furniture founded?

Value City Furniture was founded in 1948. It employs 11 to 50 people.

Where is Value City Furniture based?

Value City Furniture is headquartered in Bayonne, United States, in the North America region.

How does Value City Furniture make money?

Two revenue lines are on record. Retail furniture sales are the primary driver. The others are liquidation going-out-of-business sales.

Who are Value City Furniture's main competitors?

Direct peers on record are American Signature Furniture, Rooms To Go, La-Z-Boy, Bob's Discount Furniture, Havertys, Ethan Allen and Ashley Furniture HomeStore. Broad incumbents are IKEA and Wayfair. Raymour & Flanigan is listed as a regional player.

Does Value City Furniture have an API?

No public API is recorded for Value City Furniture.

What industry is Value City Furniture in?

Value City Furniture's product category is Home Furniture Retail. Its primary akta.pro industry code is CRAIAAAI, Entertainment & Media Furniture Retail (TV Stands, Media Consoles, Wall Units, Speaker Stands). Its NAICS code is 449110 and its SIC code is 5712.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
YahooClark Howard Advises Against Using Debit Cards at Furniture Stores — Here's WhyClark Howard posted to his blog in May 2026 advising consumers not to use debit cards for furniture purchases, especially back-ordered items, citing the stalled housing market and furniture store defaults. He cited Value City Furniture's parent American Signature's November 2025 bankruptcy, and noted the Fair Credit Billing Act allows credit card disputes within 60 days, unlike the Electronic Funds Transfer Act.YahooPA woman bought $400 ottoman at a bankrupt store — but never got the item or money back. What bargain hunters must knowJessica Reed from Pennsylvania paid nearly $1,500 for furniture from Value City Furniture while the store was going out of business, with a promised refund if a limited-stock ottoman was not delivered. When the $400 ottoman was never delivered, the store refused to issue the promised refund and advised her to take legal action, illustrating how consumer protections weaken during bankruptcy proceedings. The article explains that in Chapter 11 and Chapter 7 bankruptcies, customers who paid for undelivered goods are typically classified as unsecured creditors and often receive little or no refund after secured lenders are paid.Retail DiveStore openings slowed in 2025Store openings slowed in fiscal year 2025, with net retail openings growing just 0.7% compared to prior years, as tariffs and macroeconomic uncertainty prompted many retailers to reduce capital expenditure and postpone store remodels, according to a Thursday report from Telsey Advisory Group. Projections for 2026 indicate an acceleration to 1.4% growth, led by beauty, off-price and discount retailers, while luxury and department store sectors are expected to see net closings. Several retailers filed for bankruptcy in 2025, including the owner of Value City Furniture and American Signature Furniture, Claire's, At Home and Rite Aid, with Saks Global also filing for bankruptcy protection in early 2026.Retail DiveValue City, American Signature Furniture to shutter remaining storesAmerican Signature Inc.'s two furniture retail brands, Value City Furniture and American Signature Furniture, are permanently closing their remaining 89 stores as part of a Chapter 11 bankruptcy filed in November, with going-out-of-business sales already underway across 13 states. The nearly 80-year-old company appears to be a casualty of softness in the home goods sector, with net sales falling nearly $150 million from 2024 to 2025 and net operating loss widening by $52 million, according to court filings. Five additional locations in Tennessee and North Carolina will complete their own store-closing sales over the coming weeks.PR NewswireSB360, Hilco Global, and Gordon Brothers Approved to Operate Going Out of Business Sales at All Remaining Value City Furniture and American Signature Furniture StoresA joint venture of SB360 Capital Partners, Hilco Global, and Gordon Brothers received bankruptcy court approval to conduct Going Out of Business sales at all 89 remaining American Signature Inc. stores, after ASI filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware in November 2025. Discounts of 25–50% off original prices are being offered across 79 Value City Furniture stores in 13 states and 10 American Signature Furniture stores in Delaware and Florida, marking the conclusion of a nearly eight-decade furniture retail presence in communities across the eastern United States.Business of Home6 stories that defined the design industry in 2025The design industry experienced a turbulent 2025 as high mortgage rates and the worst housing market in three decades severely impacted store traffic, vendor viability, and new client pipelines, according to Redfin data showing only 28 out of every 1,000 homes changed hands in the first nine months. Tariff uncertainty under the Trump administration compounded challenges, forcing brands to re-source and reprice while prompting companies to delay expansion plans, though the Supreme Court's pending ruling on the legality of country-specific tariffs could trigger further market disruption. Notable developments included mass-market retailer bankruptcies (At Home, Value City Furniture), significant acquisitions (Chairish for $85 million by Auction Technology Group, RH's purchase of Dennis & Leen and other designer resources), and the continued shrinkage of Charles Cohen's design center empire amid legal battles with Fortress Investment Group.https://www.wndu.comValue City Furniture to close Mishawaka store after parent company files for bankruptcyValue City Furniture will close stores nationwide following its parent company, American Signature Inc., filing for bankruptcy. Store liquidation sales have already begun, and the Mishawaka location will close after these are completed.Fast CompanyValue City and American Signature Furniture are closing stores: Full updated list of doomed locationsAmerican Signature Inc (ASI), parent company of American Signature Furniture and Value City Furniture, has filed for Chapter 11 bankruptcy protection citing lower sales from a housing market downturn, higher costs, and the impact of President Trump's tariffs. The company has secured $50 million in debtor-in-possession financing and is seeking a buyer through an auction process. Founded in 1948 and based in Columbus, Ohio, ASI operates 120 combined stores across 17 states with distribution centers in Ohio, Georgia, Indiana, and California.PR NewswireValue City Furniture, American Signature Furniture announces Bobby Berk CollectionAmerican Signature, Inc., parent company of Value City Furniture and American Signature Furniture, announced that a curated selection of Bobby Berk's new furniture collection manufactured by A.R.T. Furniture will be available in its stores and online starting October 2019. The collection, ranging from $300 to $2,300, includes bedroom, dining room, and living room pieces, with a customizable modular couch as a flagship item. The partnership aims to bring designer-styled furniture to consumers at affordable price points, expanding on American Signature's existing Designer Looks Collection strategy.GlobeNewswireValue City Furniture and American Signature Furniture to Host One of Their Biggest Presidents' Day Weekends to DateValue City Furniture and American Signature Furniture will keep stores open until midnight on Presidents' Day weekend, offering an additional $100 off purchases of $999 or more. The promotion can be used with storewide Mega Coupons, and exclusive offers will be posted on Facebook.